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the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and the majority people are insured through their employer. as we have create a system where we are spending 205 million federal dollars in hawaii to enroll a percent of the population, with only 257 people have actually signed up. so once we see this -- nationally, it the majority is don't want to sigorsing that trs well. be. neil: the republican governors aren't going along, they don't match and this has happened other states it really doesn't matter. >> it is a mess because you talk about the government trying to create a marketplace and a system that didn't work. so we have seen problems in
the company also has a history trying to uild the tax system in hawaii and nothing more. and so at about $750 per enrollee in hawaii at this point. neil: summer working through their own exchanges and what have you. in time will heal a lot of it. what do you find? >> i don't think so. you can talk about the website in one issue, you can talk about it in another. we are seeing that the premiums are increasing by 22% for the interesting thing is that 8% of the population is uninsured and...
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before federal tax credits and other incentives. the eu fines six institutions a record $2.3 billion for rigging benchmarks. including deutsche bank, world bank of scotland and citigroup. and another big-name red sox player trading his boston boss m to join the new york yankees. jacoby ellsbury is reaching a seven-year deal with the yankees worth $153 million. $22 million per year. that is a lot of money. liz: go indians. stop. they are always laughing at me. keeping up has always been expensive and a little bit laborious in the process. but new college pals creating buzz by bringing fashionable chic glasses at affordable prices. coming up we are talking to the cofounder neil blumenthal on their expansion plans and how they're going to take the world by storm. david: and while the market has closed lower over the last four sessions could stocks be set for a little bit of a rebound, a little bit of a pullback? we talk to why he thinks the market will resume their rally and now is the perfect time to get in. he will tell you where to
before federal tax credits and other incentives. the eu fines six institutions a record $2.3 billion for rigging benchmarks. including deutsche bank, world bank of scotland and citigroup. and another big-name red sox player trading his boston boss m to join the new york yankees. jacoby ellsbury is reaching a seven-year deal with the yankees worth $153 million. $22 million per year. that is a lot of money. liz: go indians. stop. they are always laughing at me. keeping up has always been...
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but what i'm worried about is more money from medicaid doubling the gas tax because we need more money, it's sort of the same theme. just throw more money at them. without accounting for the money we have already committed. and we keep doing it. >> we keep doing it because specialists special interest groups benefit. medicare and medicaid benefit and it's basically a way of artificially increasing emand and increasing the third-party payer which will lead to a lot more utilization of health care services in ways that there is no cost effectiveness order intelligent allocation of resources. and you're going to overprice your products because you know that consumers don't care and in this case american taxpayers. they are paying the bill. it's a cause somef what is going on with government in the health care sector generally. but as i said, i'm trying to be optimistic and this might be the example that people need with genuine medicaid reform, do what was then the ryan budget. let's block this program back to the state. at least as new york state wants to waste money, only they will pick
but what i'm worried about is more money from medicaid doubling the gas tax because we need more money, it's sort of the same theme. just throw more money at them. without accounting for the money we have already committed. and we keep doing it. >> we keep doing it because specialists special interest groups benefit. medicare and medicaid benefit and it's basically a way of artificially increasing emand and increasing the third-party payer which will lead to a lot more utilization of...
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gerri: resawed tax i.d., a past itinerarytr, property records, a physicalysic characteristics, law enforcement and intelligence information. shocking and compromising. d >> eight completely deny they do this but with edwards noted we hear incremental disclosure. we will find out. but bottom line as a traveler if you decide to y join this program you give them more data points including fingerprints if you join t global entry program your passport informion, it is the key into all sorts of database throughout the government and they are getting betterng to connect the dots. gerri: rehabing increases of holiday fares so if you wait you will see an increase what are the numbers?he >> if you look at the firstt we week of december buying for the holidays starting december 1750% increase. nonstop another 30%. traveling on thew weekend is 20% so over --. gerri: and if you've looked at year-over-year increases thanksgiving is up 95 4% in christmas 7.3%. gets on its. prices are going up. terrific to see you. coming up a new report shows just how grown up pg-13 really is. is setting a good guy for consu
gerri: resawed tax i.d., a past itinerarytr, property records, a physicalysic characteristics, law enforcement and intelligence information. shocking and compromising. d >> eight completely deny they do this but with edwards noted we hear incremental disclosure. we will find out. but bottom line as a traveler if you decide to y join this program you give them more data points including fingerprints if you join t global entry program your passport informion, it is the key into all sorts of...
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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the federal gas tax -- let's lk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's notot what we're talkg about, we're talking about one thing -- >> no, no, no, that's partof it -- >> you need more money, you have other resource, why to you need more money? >> you do need more because since 2008, the general fund has contributed $41 billion to the federal highway trust fund. you're asking people, you're basically -- drivers are t paying their way -- >> wait, let me just finish one thing -- >> wait, let me -- >> i pay 12 bucks a day. i'm not using up -- >> you don't know that for a fact. we are not paying -- >> so you are for what this congressman -- you're agreeing with a guy who has a bic
the federal gas tax -- let's lk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't been touched for 20 years -- >> it is declining revenue source because our cars are more fuel efficient -- >> what about -- >> that's notot what...
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when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and again these poll significances say we do want pro growth economic policies but they show up in washington d.c. and i think they got some kind of stockholm syndrome where they do their krony capitalism to redistrict and that doesn't work. mike is right. all new job creation over the last decade or so comes from the small business startups and, boy, they're g
when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during...
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but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all of us. >> well, it certainly offends me. if children are not getting a good education or do not have proper health care, i'm offended. but you cannot bankrupt the entire nation on some ideological quest for income equality. in a capitalistic system, that's impossible. a "wall street journal" editorial yesterday was blunt -- "mr. obama returned to his favorite theme of rising income inequality. he ought to know since few presidents have done more to increase inequality than he has. median household income has fallen since the economic recovery began, while t
but the left wants more spending and even higher taxes. simply put, the big government spending machine has not helped the economy very much. but again, liberal theory trumps results. >> the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough, but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own? that should offend all...
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lor we talk about how tony romo blew another season for the cowboys most likely. gary b. ischicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in bernard's si
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lor we talk about how tony romo blew another season for the cowboys most likely. gary...
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a tax to end all taxes. what a dumb democratic congressman issa cooking up that could have you coughing up. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest engy investor. our commitment has never been stronger. i as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ malennouncer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, l
a tax to end all taxes. what a dumb democratic congressman issa cooking up that could have you coughing up. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest engy investor. our...
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a tax to end all taxes. what a dumb emocratic congressman issa cooking so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. because you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. one pill each morning. 24 hours. zero heartburn. neil: if the democratic congressman earl blumenauer gets his way, taxes will double to about 33.4 cents per gallon. so calm down. anyway, he sas it is to pay for poorly funded transportation and he also said it is high time since th federal gas tax has been high. i so do it, are you okay this? >>
a tax to end all taxes. what a dumb emocratic congressman issa cooking so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs...
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don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and that is why youet more time. >> died nine weeks? , 99 weeks? jedi that should do it if you cannot block did you go work at mcdonald's sadek but they're not be anymore because we will raise the battle waged. [laughter] dennis: it is set to stop talking but i could be a lot of a job here soon. nice job today. what you see it? the question of that i should the government extend unemployment benefits even if that adds to of employment? log on and we will shut -- share the results at the end of the show. more examples of past government god too far? have the problems plaguy obamacare and the white house said the
don't forget how we pay for those benefits through payroll taxes. how crazy is this program? pretax employers for hiring them and pay people not to work? is one of the craziest programs. >> i think there is some truth to your argument that may come as a surprise but there are also factors to be weighed entire sectors were wiped out in the last recession so it is hard to find suitable employment. >> gives the economy and adapt. >> sometimes you need more time to do that and...
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>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage. our win some money not bad. people spending beyond their means is one thing, or listen, somebody by $300,000 house and they drove a ford $100,000 house, that is what got us in trouble. 4 million people, publish increased 4 million, a million of them came from california and other high tax system. dagen: a lot of that is the oil. charles: it is not just about energy. 160,000 employees, guess what is moved this week, texas. $115,000 as a grant. it is not like pay up, we are throwing out cash. you know why? they want to have an economic bac
>> no taxes on the social security. one of these places the focus has been on making a great economy for everybody, it is not sort of this weird manipulation of economic recovery were somehow a try to make the people who own the business don't benefit the people who just started yesterday reap the rewards. you cannot undo capitalism and put it back this way. dagen: i am not believing you want people to borrow money. charles: borrowing too much money got us in trouble. i have a mortgage....
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gerri: there are big changes coming to your taxes next year, we're planning a speal week of segments next week to help you navigate these changes, we'll drill down on income tax changes, changes to your investment affecting millions of us, andive you concrete how to strategies to help you best manage your money, join usext week 60 p.m., for a special use are guide to taxes, year end edition, we'll get youeady for the new and different from irs in 2014, it is not pretty, we'll tell you. >> rating your paig marriage map you get a true sense of your relationship go and identity thieves bes grinch that steals christmas this year? how can you keep your information safe? ask me wt it's like to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended bed in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed in america. now sleep cooler w
gerri: there are big changes coming to your taxes next year, we're planning a speal week of segments next week to help you navigate these changes, we'll drill down on income tax changes, changes to your investment affecting millions of us, andive you concrete how to strategies to help you best manage your money, join usext week 60 p.m., for a special use are guide to taxes, year end edition, we'll get youeady for the new and different from irs in 2014, it is not pretty, we'll tell you. >>...
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this is the mistake this administration keeps making over and over again, throwing tax dollars is not solving it. >> thank you. gerri: unbelieveable, right, own carry mess goes on. and now more disturbing news for your healthy, fda warning some defidefibrillators made by phils medamedical system may fail. i have to tell you, i think this story is appalling, so many machines and only now federal government waking up saying we need to fix it, get out tell people that machine macs may not work. they may be -- you may be having a heart attack, it supplies to you, you are not rhesus started. where is the government been? what about something simple like this. >> you know, interestingly, fda just this year, finally passed new legislation that they will regulate deeibrillators like other medical devices, however all these bits and pieces are just now coming together, over 400,000 americans die suddenly every year, that is more than all types of cancers combined, if you have a defibrillate or deployed, 70% survive without one, less than 5%. >> how big is this problem with these machines not w
this is the mistake this administration keeps making over and over again, throwing tax dollars is not solving it. >> thank you. gerri: unbelieveable, right, own carry mess goes on. and now more disturbing news for your healthy, fda warning some defidefibrillators made by phils medamedical system may fail. i have to tell you, i think this story is appalling, so many machines and only now federal government waking up saying we need to fix it, get out tell people that machine macs may not...
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Dec 10, 2013
12/13
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FBC
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and again, a hike in the national gas tax as well. again, not happening. but my next guest says that that is okay by him. andso, you like the fact that they are not doing all of these things. is that right? >> yes, if they try to bite off more than they can chew, the american people get kind of jumpy. but the reality is what small business owners need, they need stability and right now it's not the worst ing in the world. because think about every time they make a decision, usually they are trying to make this grand bargain and this enormous decision and it's not going to work. >> the big thing that is going on is nothing. and i think that the republicans learned a lesson and they want to talk about obamacare because it works. >> but maybe they are so sick and tired of this big government, that it was right and the republicans views. >> many people say that running campaigns come they want to see sensible solutions and both sides give something in what they don't want to see is hate and discontent. >> this was based on a slow-moving ship. the american peop
and again, a hike in the national gas tax as well. again, not happening. but my next guest says that that is okay by him. andso, you like the fact that they are not doing all of these things. is that right? >> yes, if they try to bite off more than they can chew, the american people get kind of jumpy. but the reality is what small business owners need, they need stability and right now it's not the worst ing in the world. because think about every time they make a decision, usually they...
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businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's what they had to do. the joke around in chicago is chicago is basically could be detroit, you know, in a couple years. i mean, that's one thing that's going on ear is we're having the same -- here, this is just a precursor to a possible wave of bankruptcies that might happen across the country. i'll tell you one thing else to watch out for, watch out for your muni bond portfolios, the bonds that allow these cities and states issue, the funny part -- and jeff flock brought it up in his interview, a lot of those pension funds be buy those very bonds. so you're going to talk about downgrades
businesses haven't been paying taxes, most residents aren't paying their property taxes. but businesses are beginning to come back in. there's a trickle of businesses and some bigtime -- dennis: okay, but, guys, to get back more specifically to the topic at hand, scott martin in chicago, detroit faces $18 billion unfunded liabilities, and people had to wait hours for the police to show up. were the unions wrong to fight for pensioners? >> no, i don't think they were wrong, dennis. that's...
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this means stes will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they mo than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a thanksgiving food binge that sets you up for a bad holiday eating track. how t get you on the right track, coming up. this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limit card. it's the no-game-playing, no-earning-limit-having, de-bomb-throwing, give-me-the-ball-and'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you. at's in your wallet? gerri: coming up from too much turk to too much pier,
this means stes will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they mo than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a thanksgiving...
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Dec 10, 2013
12/13
by
CNNW
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point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything we want. >>> all right. so there you have it. a major, major deal, words you don't often here in washington, d.c. right now. compromise. and as you heard paul ryan say, a step in the right drink, although there will be plenty of conservatives who won't be happy with this deal. there will be some liberals who won't be happy with it as well. it's still got to pass the house of representatives, pass the senate, go to the president for his signature. if it passes, there will not be a government shutdown in january. we'll be right back. every day we're working to be an even bet
point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything we want. >>> all...
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so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds of billions of dollars in and the more we spend on education, thhe words the test scores dead in the more that we on poverty programs, the more we spend on ads come the worse the poverty programs and roads get. insidethe beltway they live and talk to themselves. republicans are the same way. >> absolutely. >> there is no bottom line, just a bottomless pit. >> if you allate the sons, you and i can question this and then followed it. where's that money going? >> how many times will we see an incredible job that all of the others have in handling the crowds. and at the me time you see this website the obamacare
so maybe the gas tax money goes to the same places a social security trust fund and we say that we are trying to get to the bottom of this. if you can account for all of this, then you can make a credible argument. >> this is a good for you segment and the point is there is no accountability. you snd billions on education and you know how dumb our kids are. maybe not yours two i can't lecture. because i useto put a number in front of the decimal point. >> but we are doing hundreds...
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we took there taxes were 2012 and layered the changes on taxes in 2013. it did not sound like a big increase, 7%. if you took the changes, not what you would think it would be, but the surprise was the amount. gerri? >> a quarter of a billion. gerri: were not talking about the world. just your clients. >> just clients. gerri: that's crazy. all right. let's take through these changes because there are a lot of them. starting with the brand spanking new income-tax bracket. tell us about that. >> the new tax bracket starts at 39%. so the bracket kicks in for taxpayers that are over for under 50,000 or 500. that is an increase from 35%. that's a huge increase. gerri: let's talk about the medicare taxes. in a new medicare tax rate of 0% tell us about that. gerri: the increase relates to earn income. that is on top of the social security increase that you had in the beginning of the year which is a 2% increase. many people were surprised. now you have that additional. he also have non income related to investments such as interest, dividends, capital gains, eff
we took there taxes were 2012 and layered the changes on taxes in 2013. it did not sound like a big increase, 7%. if you took the changes, not what you would think it would be, but the surprise was the amount. gerri? >> a quarter of a billion. gerri: were not talking about the world. just your clients. >> just clients. gerri: that's crazy. all right. let's take through these changes because there are a lot of them. starting with the brand spanking new income-tax bracket. tell us...
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ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling pressure these last several days. get breaking news on the fed beige book. peter baron's with the details. peteer? >> hey, ashley and tracy, the beige book for november says the economy continued to expand ad a modest to moderate pace from mid-october through mid insofar as november and the report does not appear to tee up tapering of bond purchases cuttings back on quantitative easing in next two weeks when the report will be used by policymakers. this reports e has the same language on the economy and job creation as the last meetings on be
ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling...
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lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the
lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in...
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i certainly want smaller government and lower taxes. stimulate the economy. when the tea party doesn't want to compromise and blow things up again the message gets lost in the strum of controversy. >> like what? what's an example of blowing things up. >> everybody knew and i said this on the factor very early on that you weren't going to defund obamacare it wasn't going to happen. >> even though the candidates who had run for office all promised that they would do whatever it took to repeal. >> these are weasels. >> i will agree with you on that. >> but you weren't going to get it done because the power is in the hand of the president. they weren't going to defund, period. so it was a waste of time kind of, but not really because ted cruz then came on the scene. so, it worked to his benefit. i have got to get to bashir. now, this msnbc outfit, they are pretty rough, these guys. they attack you, laura ingraham who we are going to have on later. they attack her in a very personal and vial way. putting that aside, do you understand what the reason is what they a
i certainly want smaller government and lower taxes. stimulate the economy. when the tea party doesn't want to compromise and blow things up again the message gets lost in the strum of controversy. >> like what? what's an example of blowing things up. >> everybody knew and i said this on the factor very early on that you weren't going to defund obamacare it wasn't going to happen. >> even though the candidates who had run for office all promised that they would do whatever it...
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what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of health reform. covering the nations volunteer fireman. why would they have to be covered under obamacare? and more on the new ceo of general motors which we talked about earlier. saying moments ago she was the unanimous choice. more details at the top of the hour as "markets now" continues. hi honey, did you get e toastecozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat r
what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of...
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here is what i see her when i look at tax payers wallets. an open-ended obligation of my money going to insurers to fix the problem because the poor planning of this administration. again, why is that? >> i think it's not just this, it's the whole law, and i think you're actually onto something there. because people have talked about whether this will work and how many people would enroll, will there be a so-called deathspiral and etc. gerri: president is willing to open the process and the task of these insurers to give them whatever they want. let's talk about how many times the price tags for this website has gone up. that is now a billion dollars. it seems as though they are not willing to say that we are going to end this plan and what they are willing to say is that we will spend what we have to to make it work. and i could be disastrous. >> that is correct. but they probably will do exactly that despite what they have to. but even without him i don't think what they are going to get is much more than something that looks like a bit mo
here is what i see her when i look at tax payers wallets. an open-ended obligation of my money going to insurers to fix the problem because the poor planning of this administration. again, why is that? >> i think it's not just this, it's the whole law, and i think you're actually onto something there. because people have talked about whether this will work and how many people would enroll, will there be a so-called deathspiral and etc. gerri: president is willing to open the process and...
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Dec 5, 2013
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there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make
there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. [ thunder crashes ] [ female announcer ] some people like to pretend a flood could never happen to them. and that...
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and very conservative when it came to fiscal policies, saying don't tax me, don't take away any more of my money, they have interviewed people, i started on food stamps, i pulled my way up, i don't like giving to people, who to me don't look like they are trying to get better. >> it is a punishment, the wrongs of yesteryear,ure we always told the same 1% that were wealthy in 1979 are same now but they gobbled up a greater share of the wealth, as if we don't have mobility up and down. >> we've seen a lot more economic mobility downward, when you have 20% of the people being rich, top 2% of the bracket, sometime that means that rich are getting richer, that is not a bad thing. melissa: if everyone is en insession cure. >> what you have seen is an ex askeex -- exacerbated by president obama. in the economy nothing is perfect, free markets they ebb and 'fro flow, you need a limitd government that gets out of the way. >> i agree, you need a strong middle class, the economic inequality is the main challenge of our generation, you have so many poor people, and so many rich people nobody in
and very conservative when it came to fiscal policies, saying don't tax me, don't take away any more of my money, they have interviewed people, i started on food stamps, i pulled my way up, i don't like giving to people, who to me don't look like they are trying to get better. >> it is a punishment, the wrongs of yesteryear,ure we always told the same 1% that were wealthy in 1979 are same now but they gobbled up a greater share of the wealth, as if we don't have mobility up and down....
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eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet oeverything. so everything works like never before. gerri: emergency rooms are profit centers? here with more, a professor of orthopedic surgery at duke university. i can't imagine why would cost thousands of dollars to get stitches. what is going on? >> emergency rooms tend to be one of the most expensive places to get your health care. and so if you have a smaller or nonurgent issue, will you will pay more. you also need to remember that there are four
eastern for a special user's guide to your taxes. it is the year end edition. i'm coming back, are these coins a good investment? $4000 is the average cost. why are costs rising so much? stay with us. just by talking to a hmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. ven pulled strings with the stoplights. my ambulance talks witsmoke alarms and...
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your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. daymac new home sales surging in october taking home builder stocks with them. nicole petallides is at the stock exchange. >> helped to bring them off of the lows of the day, they are not far off of the unchanged line but the new home sales numbers came in and beat the street expectations with a rise of 20.4% to 440,000 beating the estimate of 426,000. of up arr
your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of...
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Dec 4, 2013
12/13
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he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ that's the sound of car insunce companies these days. here a cheap, there a cheap. everywhere a cheap... you get it. so what if instead ofjust a cheachoice, you could make a smart choice? like esurance for example they were born online and built to save people money from the beginning. that's what they've always ne. not just somhing they...cheep about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >>> it's time for mistletoe and holly. >>> well, new developments tonight in the sto
he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪...
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Dec 6, 2013
12/13
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trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator orin hatch says it certainly looks like the obama administration is looking at a special deal for unions which is deeply concerning given the problems that all americans are facing due to obama care. now the unions argue this is not aimed at them. it's not nearly enough. the laborers union says, again quoting, as the new regulations offer no substantive relief for our health care plan the laborers union will continue to look for opportunities to fix this egregious tax on our members and their families. remember, the unions fought to help the president get elected and fought to pass
trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator...
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property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >>
property tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is...
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people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a
people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up...
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this means states will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they more than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a thanksgiving food binge that sets you up for a bad holiday eating track. how to get you on the right track, coming up. so i can reach ally bank 24/ but there are no branches? 24/7. i'm sorry, i'm just really reluctant to tryew things. really? what's wrong with trying n things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. every day we'reorking to and to keep our commitments. and w've made a big commitm
this means states will soon start collecting internet sales taxes, fast-food workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for $15 an hour, a lot of people think such a raise is possible. >> bank of america will they more than $400 million to freddy back for bad home loans sold since 2000. >> those are some hot stories right now on fox business.com. >> still to come, my two cents more, it happens to the best of us, a...
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for the irs says that the website, the one that allows in the system allows you to get the obamacare tax credit could be susceptible to fraud. they're asking the irs to improve that system. back to you. david: so many details. thank you, rich edson in d.c. thanks a lot. liz: now we've been covering this from the beginning. a battle royale in the console wars this holiday season. gamers and investors listen up. sony playstation 4 and microsoft xbox one have both already sold millions of consoles but which one will come out on top? david: also, one in four college women are using the lulu app. have you heard about this? it allows women to rate men mom r anonymously. we have an exclusive with the ceo and her plans to make a lot of money off this craze. you want to stay tuned for that. ♪ in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan
for the irs says that the website, the one that allows in the system allows you to get the obamacare tax credit could be susceptible to fraud. they're asking the irs to improve that system. back to you. david: so many details. thank you, rich edson in d.c. thanks a lot. liz: now we've been covering this from the beginning. a battle royale in the console wars this holiday season. gamers and investors listen up. sony playstation 4 and microsoft xbox one have both already sold millions of consoles...
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you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem with a government stimulus is you pick the winners and loser rs. with this stimulus i'm talking about, a free market stimulus, you simply leave the money in the hands of those who have earned it, so the customers have pickeded out the successful people. those people get more money. like i met a young man, young african man who has his own restaurant. his first question is do you have any tax breaks for me for my business. that's what what would do. help people in business and trying. >> but i don't have to tell you senator, republicans have a steep hill to climb
you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem...
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Dec 9, 2013
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the federal government is more taxes and more regulation. we will have the other states. >> we will sell 16 million automobiles. we have 950,000 housing starts. >> next year is going to be the year that it is not that eeoc siting and it's time to be more of an opera player. find the stocks that have a great story, something behind them and allocate your money there. the beta is challenging there. it's hard to move up a lot. they are highly complimentary. we are keeping all the airplanes and all the people. supply should be on change. >> guy? >> talked about this last week. you overlay a honey well chart and you will see the outperformances there. although it has had a meteoric rise, i think that honeywell is interesting. >> i'm long ge. i think they have major exposure. the entire u.s. economy is on trend. to say that we're just trying to get over the trauma here and some of the data is already there. >> will the snow and ice keep shoppers at home or will they bare the elements. dan, always good to see you. what have you seen so far? we have
the federal government is more taxes and more regulation. we will have the other states. >> we will sell 16 million automobiles. we have 950,000 housing starts. >> next year is going to be the year that it is not that eeoc siting and it's time to be more of an opera player. find the stocks that have a great story, something behind them and allocate your money there. the beta is challenging there. it's hard to move up a lot. they are highly complimentary. we are keeping all the...